Why Klarna’s Stablecoin Is More Than PR
On Ep. 59 of Tokenized, Simon Taylor, GTM @ Tempo is joined by Nilan Peiris, Chief Product Officer @ Wise and Luca Cosentino, Head of Crypto @ Cross River to discuss KlarnaUSD launch, corporate treasury use cases for stablecoins and more!Timestamps:00:00 Introduction02:38 KlarnaUSD launch for internal treasury operations and yield generation05:53 Corporate treasury use cases for stablecoins07:06 Instant merchant payouts and settlement using stablecoins as an abstraction layer11:03 Cross-border payments and stablecoins for remittances and dollarization17:04 Cross River's platform unifying stablecoin and fiat flows to eliminate pre-funding24:56 Building infrastructure for tokenization and future financial use cases28:40 Paxos acquisition of Fortify for MPC wallet services and security32:01 Aave app and neobanks offering DeFi lending and borrowing via stablecoinsTokenized is sponsored by VisaA world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.Tokenized is presented by Bridge, a Stripe company.Just like the internet made information global, stablecoins are making money global. And Bridge, a Stripe company, is the infrastructure powering that shift. Built for speed, scale, and simplicity, Bridge helps businesses send, store, convert, and spend stablecoins instantly, all without borders or having to navigate the complexities of crypto. Learn more at bridge.xyzTokenized is also presented by FireblocksWith over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com***We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research! Music by Henry McLean